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Hello BP! This is more than likely a CPA-related question, but I would appreciate any expertise and advice before I reach out to one. I am investing in a small-multi with my parents - mom and dad. The way we are split...
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I have been investing since 2005. I have been sharing my journey with many of my friends, family, and coworkers. Often people would ask about how to partner on a deal. I originally was not a fan of partnerships bec...
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beyond, "How much will you give me?", what other questions to distressed owners ask?do they ask:what company do you represent?What will you do with my property?thanks in advance!
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I've had two recent issues with break-ins and attempted break-ins within the last month at my triplex. My initial setup was a deadbolt and handle setup. In the break-in, the deadbolt was left unlocked and a student-te...
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This is regarding a 13 unit building in Illinois that went condo in 1979. The building has 12 above ground units and a single garden unit. In the 1979 condo declarations the garden unit is listed as a 1 bedroom with a...
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Hello everyone! I plan to put an offer on a condo but just saw some signs of water damage and mold (pictures attached). This happens in the common area (it's a shared laundry room in the basement), and it's NOT connec...
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Hi BP,I am house hacking and have a tenant that just moved in and he is leaving his personal items in the common areas (clothes, golf equipment, etc). I have asked him to move it into his room but not sure it can all ...
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Hi BP! How common is it in today’s market for a seller to carry a 2nd mortgage when selling his apartment building? Is the market too hot for today’s apartment building buyers to reasonably ask a seller to hold.a sec...
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Hi!I'm currently 2 weeks away from finishing renovation and just got a call from my contractor stating that the common area of my unit had a pipe burst that leaked into my unit and ruined the entire flooring! To make...
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Hi BP! Hoping you all could lend your expertise to this question: I'm a real estate newbie. I also work in tech where I'm thinking of building tech tools for REIs. I'm currently looking into what valuable information ...